Familiarity may breed contempt, but it also makes you sloppy. Do you know plan sponsors that have forgotten they need to address these matters?
Tag "Pooled Employer Plan"
In the end, though, you must remember the PEP is brand new. Not all offerings will offer the same advantages. Some may be designed specifically to forego one advantage to emphasize another.
The biggest issue when it comes to access is cost. Itâs not just the plan sponsorâs sensitivity to higher costs. Itâs the service providerâs ability to keep those costs low.
The Biggest 401k Fiduciary Fireworks, Fizzles, And Flops In 2021
Flops may not be forever. They may just be good ideas before their time. If youâre going to belittle them, you best hurry, because, if you wait too long, you may just discover they arenât flops anymore. As a result, letâs not waste any time before the shelf-life of these flops expire.